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Relatively Low Projected Earnings Growth Detected in Shares of New Home Co Inc/ in the Homebuilding Industry (NWHM, TPH, CVCO, LEN, TMHC)

By Shiri Gupta

Below are the three companies in the Homebuilding industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

New Home Co Inc/ ranks lowest with a projected earnings growth of 5.9%. Following is Tri Pointe Group with a projected earnings growth of 29.9%. Cavco Industries ranks third lowest with a projected earnings growth of 30.8%.

Lennar Corp-A follows with a projected earnings growth of 31.4%, and Taylor Morriso-A rounds out the bottom five with a projected earnings growth of 32.0%.

SmarTrend recommended that its subscribers protect gains by selling shares of Taylor Morriso-A on October 30th, 2019 by issuing a Downtrend alert when the shares were trading at $24.92. Since that call, shares of Taylor Morriso-A have fallen 8.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest projected earnings growth new home co inc/ tri pointe group cavco industries lennar corp-a taylor morriso-a

Ticker(s): NWHM TPH CVCO LEN TMHC